Remove 2007 Remove Development Remove Industry Remove Turnaround
article thumbnail

Sample Consulting Case Questions

Tom Spencer

They want to develop a growth strategy for the next five years. The company started making handheld wireless devices in 1999 and gained substantial market share in the initial smart phone market prior to the release of the iPhone in 2007. Virgin Galactic has developed a new rocket that can take off and land like a normal plane.

article thumbnail

4 Signs an Executive Isn’t Ready for Coaching

Harvard Business

The growth of the industry tells us so. And the number of business coaches worldwide has zoomed more than 60% since 2007, according to one coaching association. One CEO we worked with was known for his smart turnarounds of a large media company. Tell the mentor to share their experience of struggling to develop.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Mistakes PE Firms Make When They Pick CEOs for Portfolio Companies

Harvard Business

Selectively developing top team members to accomplish the strategy. Not seeking CEOs who value talent development. Because of the short timeframe in which they hold their portfolio companies (typically five to seven years), investors may view executive development as a luxury. Too many CEOs fall short of these skills.

Company 28
article thumbnail

How to Pull Your Company Out of a Tailspin

Harvard Business

After studying and working with hundreds of companies in free fall, we’ve identified concrete steps that leadership teams can take to engineer successful turnarounds and transformations. Founded in the 1930s, Lego developed a repeatable model that allowed it to grow for decades. Other companies can do the same.

Company 28
article thumbnail

4 Ways CEOs Can Conquer Short-Termism

Harvard Business

” Bertolini and his team studied the industry and concluded that a reasonable target was no more than 6% EPS. He developed a three-year plan for his turnaround vision, which was translated into annual and quarterly operating plans, and biquarterly responsibilities for his executive team.

Metrics 32